OREANDA-NEWS. September 22, 2008. At the EGM of Closed Joint-Stock Company "Depository Clearing Company" (DCC) shareholders have approved the Regulation on the Procedure of Convocation and Holding of General Shareholders Meetings of DCC, the Regulation on the Board of Directors of DCC and the Regulation on the Auditing Commission of DCC.

The Regulation on the Procedure of Convocation and Holding of General Shareholders Meetings of DCC stipulates issues including procedures of preparation, convocation and holding of the Company's General Shareholders Meeting.

Regulation on the Board of Directors of DCC stipulates the terms and procedure of convocation and holding of Board meetings, procedure for the Board to adopt resolutions, rights and obligations of members of DCC's Board of Directors and other issues relating to the Board's activity.

Regulation on the Auditing Commission of DCC stipulates the powers, operating procedures of the Auditing Commission and the procedure of its cooperation with other bodies and sub-divisions of the Company.

DCC's shareholders who participated in the EGM have unanimously approved the aforementioned Regulations. Adoption of the Regulations is aimed at improvement of the Company's corporate management system.

The EGM was held in absentee form.